Reported Late Monday, Texas Instruments Prices $3B Of Investment Grade Notes
Portfolio Pulse from Benzinga Newsdesk
Texas Instruments (TXN) has priced $3 billion of investment grade notes, with varying interest rates and maturities ranging from 2027 to 2063. The proceeds are intended for general corporate purposes, with the offering set to close on February 8, 2024.

February 06, 2024 | 8:22 am
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Texas Instruments has announced the pricing of $3 billion in investment grade notes, aimed at funding general corporate purposes.
The issuance of investment grade notes by Texas Instruments is a significant financial move, indicating the company's proactive approach to securing funds for future growth and operational needs. This could be viewed positively by investors as it demonstrates financial prudence and planning, potentially leading to a short-term positive impact on TXN's stock price. The diverse range of maturities also suggests a strategic approach to managing debt obligations over time.
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